Falcon Oil & Gas Ltd. - Notice of Cancellation of Admission to Trading on AIM

Core Viewpoint - Falcon Oil & Gas Ltd. is set to cancel its admission to trading on AIM following a transaction with Tamboran Resources Corporation, which involves the issuance of shares and a cash payment to Falcon shareholders [2][3]. Transaction Details - The transaction includes Tamboran issuing 6,537,503 shares of its common stock to Falcon and a cash payment of $23,663,080 [3]. - Falcon shareholders, excluding dissenting shareholders or those subject to sanctions, will receive shares of Tamboran in exchange for their Falcon common shares [3]. Conditions for Completion - The completion of the transaction is contingent upon several approvals, including: - Approval from Falcon shareholders at a meeting scheduled for March 11, 2026 [4]. - Approval of the stock issuance by Tamboran stockholders [4]. - Approval of the plan of arrangement by the Supreme Court of British Columbia [4]. - No material adverse changes affecting either Falcon or Tamboran [4]. Timeline for AIM Cancellation - Falcon is required to provide at least 20 business days notice for the AIM Cancellation [5]. - If all conditions are met, the transaction is expected to close around March 16, 2026, with trading of Falcon's common shares on AIM suspended on March 17, 2026, and the cancellation effective on March 18, 2026 [5].